THE globe

CU News From Around the Planet

COUNTY GALWAY, Ireland–As many as 225 farmers from all around County Galway here have drawn down loans averaging €15,000 just three months after the launch of the “Cultivate Lending” initiative launched by this country’s credit unions.

PURCHASE, N.Y.—With more than 65-million people around the world currently displaced from their homes due to political conflict and natural disasters, the result of which is a growing need to find better ways for refugees to achieve self-sufficiency and become economic engines in their host countries, says Mastercard.

LONDON—A new study reveals that one in two U.K. households, with occupants aged 35 or under, could not afford an ad hoc bill or expense of just £250, without reverting to credit or financial help from their family.